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a wonderful holiday because the president's is about to end. boehner and the boys? what's the rush? ♪ >> first of all, we want to say merry christmas. >> president obama is cutting short his christmas break with the fiscal cliff looming large. >> the fiscal cliff gets closer. congress now has six days left to make a deal. >> aloha, hawaii. >> to my republican colleagues, the ronald reagan model is if you get 80% of what you want, that's a pretty good day. >> they were this close. they were this close to a solution. >> he's going to get tax rate hikes. >> are we going over the cliff? >> i believe we are. >> be republican and be conservative and pass a bill that cuts tax. >> boehner has no control over his extreme right wing faction. >> should anybody's taxes be raised at this point? answer yes or no. >> no. no. ♪ >> we begin as president obama and the senate head back to washington set for one last effort to avert the first fiscal cliff. aloha means good-bye for the president as he packs bound for the white house tonight. the president cutting short his vacation leaving michelle and the girls
was because of the deal -- >> john boehner. because of john boehner. >> partly, mitch mcconnell force ed john boehner's hand. >> we expect senators to do that. that's what republican -- republican senators have always spent us deeper into debt. that's what they do. that's their hobby. >> look, in this round, the president got a ton. and liberals who are complaining are most worried not about the terms of this deal but about whether the president's got a weak hand going into the next round. the president, as you pointed out, has said as recently as sunday with david gregory, we need to do medicare reform. we need to do entitlement reform. when we deal with the sequester cuts in two months, when we deal with raising the debt ceiling, even though the president wants to keep that out of the debate, republicans are going to have another chance with leaders like john boehner and paul ryan making the argument. and i think the president once again is going to have that k n confrontation. >> how many trillions do you think they'll add to the debt, mika? paul ryan -- i had the tenth amendment on a lit
>> is the president setting up house speaker john boehner here for a majority of the house vote? >> that's the real question right now. right now, the focus is on the senate. what does harry reid do? does he blink obama's plan to the floor or try to work with mcconnell in this 11th hour. you will have a tough vote for many house republicans. if that level is at 250 and it includes unemployment, make it so republicans may not. >> joy, do you think we have a deal? >> you know, ill'm still very dubious. but if there is a deal, it will be with a majority of democrats in the house and there's a political risk for boehner in that. >> thank you. you've been watching "hardball." we'll be back in one hour with an all-new live edition. until then, "politics nation" starts rite now. >> thanks, richard. thanks to you for tuning in. breaking news, president obama urges congress to make a deal to overt the fiscal cliff. he announces no deal, but progress may be in sight. >> and that would be the wrong thing to do for our e con mu. it would be bad for middle class families and bad for business
boehner seems to care more about keeping his speakership. >> it is very hard for them to say yes to me. take me out of it. and think about their voters. >> he can be responsible for the largest tax increase in american history. ♪ we could have had it all ♪ rolling in the deep >> we start at the white house where at this very moment all four republican and democratic congressional leaders are meeting with the president, the vice president, and the treasury secretary trying to hammer out a fiscal cliff deal. the meeting began about an hour ago in what could be the final face-to-face meeting between the president and lawmakers of both parties before monday's midnight deadline. the house is scheduled to reconvene on sunday evening to do what we don't exactly know. so joining us live from the white house is nbc's kristin welker. kristin, welcome. >> reporter: thanks, karen. good afternoon. >> so what are we hearing about this meeting? i know it's still going on. any news? >> reporter: well, we do know this, a source familiar with these talks says that president obama is not going to be
bleak. >> speaker boehner is unwilling to negotiate we have not heard a word from leader mcconnell. nothing is happening. >> we wanted an agreement, but we had no takers. >> o'donnell: it took a trip to the white house and a package scolding from the president. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> o'donnell: but by week's end, senate leaders agreed to make a last-ditch effort to get a deal. >> so i'm hopeful and optimistic. >> i'm going to do everything i can. i'm confident senator mcconnell will do the same. >> o'donnell: we'll have the latest on what that agreement might look like but will it actually do anything to cut the deficit? and what happens nay don't get a deal? we'll hear from two senators who have been working together on deficit reduction, assistant majority leader dick durbin of illinois, and senator tom coburn of oklahoma. then we'll look forward to 2013 with an all-star panel include peggy noonan of the "wall street journal." dee dee myers of "vanity fair." "time" m
in 2012 voted aye. speaker boehner also voted i. mike emmanuel mentioned the chairman of the did he have it and debt commission to deal with this did he have it and debt came out with a detailed statement. i'd like to read it here. quote, the deal is a missed opportunity to do something big to reduce our long term fiscal problems but it small step forward in our efforts to reduce the federal deficit following on the one trillion dollar did he have it? spending. both steps advance efforts to put our fiscal house in order neither done, nor -- one nor combination of the two come close to solving problems and loaders must have the courage to reform our tax code and entitlement program such that we put it on a downward path as a percent of the economy. washington missed this magic moment to do something big, recuse the deficit, reform our tax code and fiscal entitlement programs we've known over a year this fiscal cliff is coming. washington politicians set it up. forcing them selfs to deal with our nation's lng term fiscal problems. after taking the country to the brink of economic disaster,
and boehner? the barrels they're riding in or >>> heading over niagra falls in a barrel. let's play "hardball." >>> good evening. i'm chris matthews in washington. let's start with this. president obama and his republican opponents are about to go over niagra falls in a barrel, but nobody knows for shush how bad it's going to be. will the economy smash on the rocks below? will the stock market plunge a thousand points and keep on dropping? will the world money watchers see the u.s. drowning in its own dysfunction? or will obama and the dead-end opposition it faces be saved by the public's horribly low expectations of what they can do? what will prove stronger for obama and boehner? the barrels they're riding in or the power of niagra falls itself? joining me now is politico's jonathan ryan. how about an answer on that one? what's going to protect these guys more? the low expectations people have about them getting anything done or failing to do what they set out to do. they all set the deadline. they have the -- what do you call it. the stakes are clear, the payroll taxes, income taxes, you n
have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and firearms. >> dysfunctional, dysfunctional, dysfunctional congress. >> we're not going to allow what has happened in the past to go on. >> congress has just three business days to pass legislation to avoid going over the fiscal curb. president obama has cut his hawaii vacation short and is on his way back to washington
reforms or cuts in here and that might be a big bone of contention. >> you mentioned speaker boehner. the house as i mentioned adjourned earlier tonight and they will meet again tomorrow, january 1 at noon, 2013. speaker boehner's spokesperson brendon buck earlier tonight said all of this the back and forth this is all vice president biden and senator mcconnell and he said quoting here boehner and mcconnell have not spoken since last week. the staff is being apprised on what they have been working on. we have not been negotiating with any one which is interesting, ed, when you look at the possibility of whatever comes out of the senate if it comes out of the senate tonight and we keep talking about the possibility of this deal, you are right we have to get over the hump that you have to get over the 60 votes necessary to bring the bill to the floor of the senate and then they have to pass it through the senate. and then it goes to the house. now, speaker boehner the real question is here, ed, whether he brings up this piece of legislation. if it he does his own head check in the gop
would. i think that's realistic. i think we're at a point after, after the implosion by boehner and the party not to be able to come to an agreement with president obama. that we're talking about a short fix relative to a new congress dealing with the complexity and a comprehensive package of long-term, of fiscal policy in this country. that's what many of us have asked for, that everything has been to be on the table. that it has to be an honest and open discussion. >> you just said that everything should be on the table. the president said that everyone needs to give a little bit to reach a grand bargain and the american people agree. brand new poll says that 68% of americans want congress, that's you, to compromise. to come up with a solution. only 22% say stick to your principles. now, you spoke out against the president's first off, saying it looked like he was offering a cut to social security, but if his next offer looks the same and that's the only way to come together, would you support it? >> honestly, the support and many of us, including myself, are disapointed that
the debt ceiling and with some of boehner's closest allies had met in the speaker's office and said to him, john if you come back with the deal, that you fashioned with obama this doesn't get more than say 100 votes or so and the republicans, cancer has cantor has started a whispered campaign and you are going to be -- we saw it happen with speaker gingrich and it can happen here. boehner walked away from a deal shortly after that. >> i want to come to the interplay between the leadership on the republican side in in a second but i have to ask this based on what you said. i think you know the president gave what was initially an off the record interview to the "des moines register" editorial board, speaking although he did not get the endorsement of that paper in one of the things he said in the interview was he believed he could get a grand bargain struck on the debt ceiling if he were reelected on november 6. a son what you're saying they may not be possible if if the freshman and now sophomores and many members who come and don't eventually give a nether blessing to cut a deal. in her m
for congress' performance are different from that which the republicans use. as speaker john boehner has said over and over, the second pass a record low number of those pixel of the congress that were not imposing regulations and not increasing taxes. that's way one of looking on it. the way most people look at it attested to by record low popularity approval rating is that this is a congress that has been defined by dysfunction of the law, a congress in which has never been writer than none and where compromise is really seem to be a foreign-policy, a policy foreign to the roast great deliberative body. >> to think of people who ran in 2010 and got elected with the people who ran before it ended now ascended to of leadership leave no with a solution or they were elected to not do things as opposed to do things? >> again, from the class of 2010 and now i refer to the 87 freshman, the so-called tea party class of the 112 congress, their belief is they are doing precisely what the people who elected them wish to do, which is rollback obama initiatives to cut spending. a lot of them thought the
's horribly low expectations of what they can do? what will prove stronger for obama and boehner? the barrels they're riding in or the power of niagra falls itself? joining me now is politico's jonathan ryan. how about an answer on that one? what's going to protect these guys more? the low expectations people have about them getting anything done or failing to do what they set out to do. they all set the deadline. they have the -- what do you call it. the stakes are clear, the payroll taxes, income taxes, you name it. they put it all together. and if they blow it, who's going to get hurt the most? >> well, i think the republicans right now are hammering themselves in the foot over and over and over again. at some point they may figure out how to stop doing that. but in the short-term doesn't look like that's happening. i think the low expectations right now are only helpful to them if they can get a deal done. it's not clear that can happen. they may even fall short of these low expectations they've had for two years now essentially both sides the white house and the congress advocating their
." from washington, i'm krystal ball. reid calls boehner a dictator. ah, the holiday spirit. it is alive and well here. >>> i'm steve kornacki in new york. doesn't matter where you are. we are going to slide down the slope if a deal isn't reached. some faster than others. today, what you don't hear in all of this. straight talk when it comes to your wallet. >>> i'm toure. a big day today. anti-fragile. chaos can be good. oh, we'll make them mad today. >> maybe a little too much chaos for us who's still feeling under the weather, s.e. but we have a whole hour of "the cycle" starting right now. >>> it's basketball thursday here on "the cycle" and we have a classic for you as we relate dr. nasmith to the fiscal whatever here in washington. we take you to washington for last night's cavaliers-wizards game, a classic between the boehner-led cavs at 6-23 against the harry reid wizards at 3-22. pay attention, kornacki. cleveland won. the final was 87-84. this even though cleveland's best player irving missed 9 out of 10 shots in the second half and missed 4 out of 6 free-throws with no one guar
't filibuster over here that he would support and that boehner would support if it were reasonable. but right now we haven't heard anything. i don't know and it's none of my business, i guess, although i am very curious, if the speaker and the majority leader, the republican leader over here are even talking. i mean, what's going on here? mr. president, you can't legislate with yourself. we have nobody to work with, to compromise. that's what legislation is all about, is the ability to compromise. the republicans in the house have left town. the negotiations between the president and the speaker have fallen apart as they have for the last 3 1/2 years. we've tried mightily to get something done. i'll just go over what the little drill here, mr. president, to remind everyone how unreasonable the republicans have been. senator conrad and jeb gray came up with a proposal. commission would be appointed, appoint back to us, no filibusters, no amendments, yes or no. and we did a great job and we closed two bases over two different cycles saving the country hundreds and billions of dollars here. so w
and lost his career in a trumped up, fake scandal that rick santorum and john boehner created in the '90s. he lost his career, reputation, put on trial, exonerated but spent the last 20 years of his life totally unappreciated and died this year. he deserved a little bit of regular cognition, joe early. >> phyllis diller. amazing trailblazing comedian. >> she was. >> alex, sorry to see you go? >> i have two. george mcgovern and rob gi shank gl guard. very different men. >> i'm very sorry to see go whitney houston. >> yeah. >>> we're going to be back with more of our "last word holiday show." ♪ smoothes, lifts, defies? red jars are all the same right? wrong! you need three uses of a $15 cream to equal the moisturizing power of one use of regenerist microsculpting cream. seems not all red jars are created equal. olay regenerist. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morni
mitch mcconnell, house speaker john boehner and house democratic leader nancy pelosi met at the white house yesterday afternoon with the president and vice president. here's where things stand right now. the senate leaders are meeting aiming to avoid tax hikes. and they may vote on a deal sunday or perhaps on monday. jessica yellin is our chief white house correspondent. lisa day jar dayne is on capitol hill. the president used his bully pulpit to reinforce the idea that senators need to get busy. so let's listen. >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. america wonders why it is that in this town for some reason, you can't get stuff done in an organized timetable, why everything always has to wait till the last minute. we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. not right now. >> so jessica, you were in the room for the president's remarks. on a scale of 1 to 10, let's measure the anger perhaps that
, many people are similarly upset. john boehner, this is a tough spot for john boehner. the house and a lot of people have said that his speakership could be threatened by this. so far, we see no sign of that. but, you know, he's in a position now where he is going to have to allow this -- probably going to have to allow this bill to hit the floor and the house and not going to get a majority of republican support. that is something that no speaker of the house of representatives, whether republican or democrat, does with any kind of frequency at all. it's considered almost a heresy. so, you know, everybody sort of recognizes the box that john boehner is in, but it's not going to really do him any good in terms of support among conservatives. there are some winners and losers here. but this fight is not over, maura. that's the bottom line. >> you mentioned vice president biden swooping in at the last minute like superman and being able to secure this deal and that's certainly the perception a lot of people had. we heard mitch mcconnell speaking on the floor and he said this should
their lines in the sand. john boehner, house speaker told his troops yesterday that he would not go in there and cut any deals. mitch mcconnell is going in there, he spends all morning talking on the floor with his members in the middle of a bunch of votes over there, he's taking their thoughts about what they can expect over there. but there is no reason to think that there is going to be any big breakthrough here. the two sides are just too far apart and too entrenched. is essentially a last-ditch effort to try to basically see if something gets done. heather: talk to me more about that. what we are seeing is a plan c. extending tax cuts, unemployment benefits for people who are going to lose it at the end of the year, and laying the groundwork for growth and deficit reduction. that sounds like tamino guaranteed significant cuts either. >> that's right. part of the problem there for republicans is what they are giving him. they are giving up the tax leverage they would have for bigger and broader tax reform for next year. part of the reason why i don't think we get a deal out of l
and spe speaker boehner had been discussing weeks ago and then senator mcconnell would agree that no republicans would block it in any way if he can promise that. he argues that he can't really make that promise but if e he could then speaker boehner would promise to bring it to a vote on the floor. all sides would shake hands and we'd have a deal before new year's. that seems highly unlikely. but that's what all sides are pushing for today. >> i think we can all agree that tax rates are the biggest sticking point. so what specific issues are your sources saying that they might actually address in this meeting today besides tax rates? could they talk about unemployment benefits, spending cuts, what's expected to come up today? >> this is the -- the specific details of the proposal could include in addition to tax rates, as you point out, an extension of unemployment benefits. the amt fix, the alternative minimum tax would be patched for another year. and medicare doctor payments, preventing pay cut s s to medic providers. and the question that republicans are asking is would
. mitch mcconnell has got to get on the same page as john boehner on the house 06 representatives. mcconnell is not going to walk the political bank. so a lot of variables here. the plan, all along, was for the senate to pass this thing and therefore, sort of box in the house. john boehner could present it to his gop conference, his conservatives and say, look, this is the only deal we can get. however, as you report it, it's quite clear now that technically, at least, we're going to be going over that cliff. the house, while they say they could call themselves back into session at any moment for all intense and purposes, they're gone until noon tomorrow. house leaders, their aides say tomorrow is a holiday and no one is going to feel an impact of this until later on in the week. but this is a dangerous game not only they're playing with the american economy and taxpayers, but a dangerous political game, as well. what do you know about the possibility that we could see the vice president on the hill tonight? >> if senate democrats would like the vice president to go over to the hill,
frustration about it. that's why speaker boehner has had such a hard time today, he basically let a lot of the conservatives in his caucuses vent for several hours. it may have been a short strategy in the short-term because it allows conservatives to express their anger behind closed doors and come out oto the cameras and say they really don't like this deal but at the end of the day it's probably the best thing they can do right now to avoid the possibility of the nation slipping into another recession number one and number two, it locks in tax cuts not for everybody but for a big, big share of this country and so now both parties can claim that they are extending tax cuts for a lot of people that's a better outcome for either party than the republicans looking tonight like they're blocking this deal and then going home and having to answer for the fact that we're not only maybe crashing the markets, slipping into recession but, also, stopping tax cuts for a lot of people. it's not going to be a perfect deal but it's one that in the end it appears and we will see what the vote is. it
be controlled by john boehner. so you still have that divided congress. but the calculation is not, you know, a numerical one. it's the idea that if they go home -- first if they go home for christmas break, they'd feel the pressure, but it doesn't seem like that's coming. if they go over the cliff and they do mess with the debt ceiling, that people are going to get freaked and spooked because you'll start hearing stories about social security recipients facing the prospect of smaller checks from the government, unemployment insurance completely dried up, payroll tax cut is a big thing. your paycheck is going to start showing more is taken out of it for the payroll tax. and that will, in turn, cause the type of pressure on the new income in congress to get something done. it's interesting that we led off with kay bailey hutchison who's retiring, doesn't have a lot of the political pressures that others have. she said let's make a deal. her prediction, probably the right one, they're going to go home. suddenly once it passes, obama wim introduce his own package which will look like what he's
and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it to the house floor for a vote before new year's eve and house minority leader nancy pelosi
connell, they really are the focus in the senate. in the house, it's speaker john boehner. i've got to ask you, is his job on the line if republicans balk at any deal that's reached? >> no, not at all. speaker boehner is extremely strong. his conferences support him and knows that he's been in a tough position trying to negotiate the fiscal deal with the president. he's been doing this for weeks, month, working on this deal. and you know, they gave it a shot. they tried their best. the house, you know, house republicans wouldn't go for it. and said, you know, it's up to the senate. and once -- if the senate passes something, the house now will consider it. so i -- i do think that the speaker is in a very strong position. and besides, this is a very difficult job. i don't see many republicans standing up and wanting to take speaker boehner on. not many other people could do the job like speaker boehner is. >> i agree. i see you saying that. think about it, he didn't look good when plan b couldn't go to a vote. how can he be strong in this position? >> i think house republican see the position he's in.
a difference in every season of the year." the president and speaker john boehner have not spoken in nearly a week. when the house republicans convene conference call today, all they were told is lawmakers will get 48 hours' notice if and when they need to come back to session. the talks first stall over the preferred option of plan "a." moving from the income level of $250,000 to $400,000. the focus shifted to plan "b," boehner fallback and would have raised tax on those making $1 million but failed when could not get republican votes. >> all eyes turn to the senate that could be key to a deal on plan "c." scaled-back bill that the president says will focus on unemployment benefits and reverting to the 250,000 level on taxes. >> i asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans. lays the groundwork for further work on growth and deficit reduction. >> that means taxes go up for some now and spending cut on medicare and other programs are kicked to another date. >> what the presiden
and realize that obama is crazy. john boehner is also crazy. none of them have any inkling, let alone a loyalty or fidelity, toward what would be good toward the american people. it is all about them. obama is going to retire in four years. he is looking at making millions of dollars on a speech circuit after that. john boehner is going to become a lobbyist. none of them care. host: we are going to leave it there. we have some items from . a couple of folks up in weighing in on facebook. -- a couple of folks have been weighing in on facebook. back to the telephones. ruth on the line for democrats. caller: they talk about the fiscal clef, but they are not really interested in fiske's -- fixing the fiscal cliff. there are interested in their own party. they have been against the president from the beginning, so they are not going to change anything. they do not want to help america. what people are they for? the people have spoken, but they do not ever listen to the people. what people are the working for? host: james in new york as a deadline for independents. caller: i just want to p
. there was a point when obama moved from $250,000 threshold on taxes to 400. boehner put tax rates. >> boehner said for the first time republicans would be willing to support. the question is, how much his troops would be backing him raising tax rates on those over $1 million. which for given the republican fervent opposition to any raise in tax rates, that was a significant step, but then it stopped. >> during that time about a week where the white house and speaker boehner's office was not criticizing each other. lines of communication were open. since then, it's gone south. >> does it seem like a dull story because it's an artificial crisis created by congress itself. they could solve this thing in ten minutes with ample compromise on both sides. while the country is following this news, it's not a breathless anticipation. >> the only thing that is starting to sink in with people, howie, where i think it is getting more public attention is that people are now realizing that their paychecks really will be a lot lower very soon if nothing gets done. therefore, i think it is very legitimate interes
, this is a deal on the tax side that has no spending cuts. they're all very aware of that. can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts, so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver, potentially for a deal like 24 with no spending cuts to pass it there, tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd, you're saying as we sit here this evening, we're hearing there may be a senate vote tonight, the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >> i think the outlines are known on the tax side. and it was described accurately in your piece there, judy, with the tax rates at 450 for families, dividends would go up, the estate tax part of it. what is important is the one year extension on unemployment benefits. there are 2 million people set t
cuts. they're all very aware of that. can john boehner muster the votes on the house side to get this passed. republicans do not like this on the house side there are no spending cuts so many of them say they will vote against it, maybe the question then becomes can john boehner muster 40 or 45 republican votes and then use the 185 or 190 votes that nancy pelosi would deliver potentially for a deal like 24 with no spending cuts to pass it there tomorrow or the next day. the house side is unclear at this point. >> woodruff: so todd you're saying as we sit here this evening, we're hearing there may be a senate vote tonight the house may vote tomorrow. but at this point, it still is not known the outlines of what a potential deal would look like. >> i think the outlines are known on the tax side. and it was described accurately in your piece there, judy, with the tax rates at 450 for families dividends would go up, the estate tax part of it. what is important is the one year extension on unemployment benefits. there are 2 million people set to lose their benefits, so that is all in
. this slide began since last thursday. that was when house speaker john boehner failed to bring his plan b for avoiding the fiscal cliff. he failed to bring that to a vote. the market has been selling off a bit every single day because nothing has happened to make investors feel like a deal is going to be reached. news of the meeting today happening at the white house this afternoon, that did help stocks make a comeback late yesterday. but they are selling off once again. it's fun ny you how things can change so quickly. there's just not that much confidence that a deal is going to get done. the market doesn't want a band-aid. one trader said it's too late for that. what the market is looking for is a full deal. >> all right. alison kosik at the new york stock exchange. thank you for that. >>> every 19 minutes someone dies of a drug overdose. most are not from elicit drugs, but fda drugs prescribed to millions of americans. dr. sanjay gupta reports. >> reporter: i rode along with lieutenant craig. he's been on the job for 30 years. he will tell you when he takes an overdose call, the usual
it's not as if he doesn't have an awfully strong hand to play. if it's a deal john boehner can accept, frankly, i think it will be passed in a bipartisan manner with a strong majority. if earn he's not neutral or favorable, his chances will be a lot slimmer. >> we will find out in the morning whether any progress came out of the senate leader mitch mcconnell's meeting with vice president joe biden. >> we've been asking you, our viewers, to send in your thoughts, your messages to elected representatives. so let's close tonight with some advice from one of you to washington. >> my message to all of washington for the new year is to set partisanship aside working on behalf of 100% of the voters, fix this mess you've gotten us into, bring a balanced budget to the table to grow this economy for the long term not the short term. >> there you go. for the long term, not the short term. >> there you go. i'm don lemon. happy new year to you. jooirksz . >>> hello, i'm don lemon and this is cnn's top 10 of 2012. we look at the stories that captured our attention, what we see as the biggest
illegally have no heart, it almost killed his campaign. >> most dishonest, john boehner, republican speaker of the house. saying quote unquote, let's be honest, we're broke. we'll be right back with new years resolutions. ♪ [ music ] >>> new years resolutions, pat. >> get at list one book on nixon done this year. >> another one? >> one. >> can get cracking on my memoir, and also continue to jog so i can continue to stay healthy and continue to do combat. >> ensure that everything i put on twitter is completely accurate. >> are you going to do a memoir? >> no. >> really? >> write a book that responds to pat buchanan's last book. >> my new year's resolution is to not have such a heavy foot when i accelerate vehicles. we try to give it to you straight. celebrate the new year. bye bye. ♪ [ music ]
. thank you very much, mr. president. mr. boehner, speaker boehner, oh, he finally gets the house back in session on sunday night. and then we have some democrats saying, why don't these republicans quit defending their millionaire pals. the way it's presented in the establishment media is highly pejorative against republicans and yet, republicans, as we heard from the rasmussen poll, they're not getting all of the blame. it's 44-36 that's where it is, again, that surprises me. >> those headlines are great. the next time i'm on deadline and i have a story to write. because i've left it to the last minute and i have to cancel a movie i think i'm going to, you know, complain about it and say, oh, finally, i'm getting back into the work session here. no, i mean, it's ridiculous. now, the republicans, i think, are doing one thing wrong though and that is focusing so much on the tax increases on higher earners, i do think that that's one area where obama can claim to have a bit of an upper hand because he made it very clear in his campaign for reelection, that he was going to tax the wealth
boehner and majority leader eric cantor walking in a republican conference meeting together. a show of solidarity, perhaps, after cantor came out against the bill that passed the senate this morning. looking live outside the meeting now. tonight on "special report," g.o.p. lawmakers are suggesting they may amend that bill and send it back to the senate. we'll explain what that means when we have live reports on both sides of pennsylvania avenue. potennial market reaction to the late moves. at the white house, president obama's plane but gassed up and ready to go back to hawaii. but with no vote and no communication with boehner, what now? "special report" from washington with all the fiscal cliff latest starts at 6:00. now back to "the five." ♪ ♪ ♪ >> juan: getting redty to party. the last segment we took a look at the serious moments on "the five" this year. now let's get to the good stuff. roll the tape. ♪ notice >> are we non- >> bob. >> sorry. ♪ ♪ notice ♪ ♪ >> hostess brand maker of twinkies. [ laughter ] >> lockness monster was a hoax. >> what? that is a hoax?
to meet with house speaker john boehner, minority leader nancy pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us before new year's eve. how likely does that sound? not so likely. >> yo
be a measure to require democratic support in the house which speaker boehner was not relying on then. you look at this lo the judgically, this is entirely possible to get through congress, the issue is, it is politically possible to get through congress? we don't know the answer to that. >> thank you, brianna keilar. >>> police are investigating whether nbc's david gregory violated d.c. gun laws when he displayed what he described as a 30-round magazine during a "meet the press" interview. >> here is a magazine that carries 30 bullets. isn't it possible that we got rid of ese and said you can only have a magazine that carries five bullets or ten bullets, isn't it possible we could reduce the carnage? >> i don't believe that will make one difference. >> we don't know if that was authentic or a prop, but having a large-capacity ammunition device like a magazine is illegal in washington, d.c. if it holds more than ten rounds of ammunition, whether or not it's attached to a firearm. >>> los angeles, pushing up its gun buyback, in light of the newtown massacre it was originally set for next may. in
,000 a year as the president presented to speaker boehner? >> well, you know, i think that republicans have been willing to accept the idea thatevenue is going to have to be part of this solution. we also believe that the chuck schumer principle, which is $1 million, he ought to extend the rates for everybody under $1 million. that's something that if the democrats in the senate want to pick up a bill that passed in the house and amend it, send it back to the house, i think that's something that might pass. right now, we're at a stalemate because democrats haven't been willing to consider the issue of spending. all they want to deal with now is tax increases. that's bad for the economy. that hurts jobs. >> to that point, senator schumer, are there cuts to the budget you'd be willing to go along with at this point to avoid the fiscal cliff? if so, what are they? >> well, obviously, there are cuts in the budget. we know we have to cut some of the mandatory programs and do other cuts, but it has to be accompanied with revenues. willie, i'm getting a little more optimistic today. sometimes it's
. >> they blame house republicans since john boehner hasn't been able to get them a deal to raise taxes. the name calling is getting ugly. >> american people don't understand the house of representative is operating without the house of representatives. it is being operated with a dictatorship of the speaker not allowing the vast majority of the council to representatives to get what they want. >>> and while it's true that the senate controlled democrats is working this week, they are not working on fiscal cliff matters and the house won't even be back to work sunday two-days before the end of year deadline. theoretically these guys have time to get something done here. it is also possible at today's meeting at the white house may be simply window dressing. >> see what happens ten hours from now. time now to take a look at who is talking and this morning we are hearing from charles krauthammer. >> last night on hannity he was talking about the looming fiscal cliff and the president's approach to negotiations. krauthammer giving his take on why a deal has not been reached yet. >> it has been very
? is it john boehner? was it mitt romney? don't bet on it. the real boss is a man other woman in the back row of a tea party meeting. the angry one who stands up and scalds him. it's that angry voice rising up from the back of the room that haunts the tea party-backed republican. do they want to be the person who voted with the party leadership? or, worse yet, the democratic president? or do they want to vote against all of that? no taxes? no deals, no compromises. no nothing. period. this is the wall that those of the tea party have raised up. they can't vote for what they campaigned against, spending money on government. and that's "hardball" for now. thanks for being with us. "politics nation" with al sharpton starts right now. >> tonight, in new york city, welcome to "politics nation" second annual revvie awards. it's the best and the worst in politics, 2012. look, all the big stars are on the red carpet. donald trump is in the unreality show category. paul ryan's pumped and ready to go. what's with the hat there? >> and what's an awards show without this guy. he survived a really rough y
, the president, speaker boehner, and now senator mcconnell and reid trying to get involved in stages in the last few weeks, it has always broken down because they fundamentally disagree about the big ideas over the core of this debate. they're fighting between the two parties. and this could get resolved in a matter of days or weeks. but the big difference, the issues could really take months to work out. >> can it be resolved in the matter of few enough days that they meet that january 31st deadline? >> reporter: anything is possible. i always think of congress like getting the term paper in. they like to wait until the very night before it is due. and that gives them the motivation, as you know, covering them for so long. we think oh, 24 hours to go, it is over. they think we still have 24 hours, it is a lifetime. so could they get it done? yes, but it sure seems a heavy lift at this point in time. >> it does, and i think the markets would have loved it if they could have done it with days to spare. our chief white house correspondent, thank you, jessica. >>> thank you. >>> if we go off the fi
in a trumped up fake scandal that rick santorum and john boehner created in the '90s, a house banking scandal. he lost his career, put on trial, exonerated, but he spent the last 20 years unappreciated. and i think he deserves recognition, joe early. >> phyllis diller. >> they were key makers. >> and rose to fame in the same era, i am very sorry to see go whitney houston. we're going to be back with more of our last word holiday show. ♪ ♪ ♪ phyllis, phyll . >>> welcome back to "the last word," holiday party. our new category is the biggest surprise of 2012. karen finney, what was the biggest surprise of 2012. >> that we were able to call the election around 11:00. >> i actually thought it would happen, by the time we got to california, closing time we would know. >> i really thought it would be a much bigger mess, and i didn't think the president would be able to win without us having a debacle in florida, and thankfully we didn't. >> joy reed, what was the big surprise? >> the big surprise was that mitt romney chose paul ryan as his running mate. he is the right guy? but as a democrat,
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